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Smeed Report
The Smeed Report (titled Road Pricing: The Economic and Technical Possibilities) was a study into alternative methods of charging for road use, commissioned by the UK government between 1962 and 1964 led by R. J. Smeed. The report stopped short of an unqualified recommendation for road pricing but supported congestion pricing for busy road networks. Team The team was led by R. J. Smeed, the deputy director of the British Road Research Laboratory (RRL) and included 11 economists and engineers, including: *Smeed, a noted statistician and transport planner, credited with identifying "Smeed's law" that describes motorists' tolerance towards speed and risk. He observed that drivers would not go out if traffic speeds fell below 9 mph; but if speeds rose, more would drive until they caused more congestion. * Gabriel Roth, a noted road transport economist. * Michael Edwin Beesley a pioneer of Cost Benefit Analysis techniques whose key innovation was the valuation that people gi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reuben Smeed
Reuben Jacob Smeed CBE (1909–1976) was a British statistician and transport researcher. He proposed Smeed's law which correlated traffic fatalities to traffic density and predicted that the average speed of traffic in central London would always be nine miles per hour without other disincentives, given that this was the minimum speed that people will tolerate. He chaired the Smeed Report which reported to the Government of the United Kingdom on road pricing in 1964 which recommended introducing congestion pricing on busy roads. These recommendations were not taken up until the London congestion charge was finally introduced in 2003, when average traffic speeds across the congestion charging zone rose by 15% from in the year prior to introduction to immediately after its introduction, the highest average speed since 1974. Career Smeed attended Central Foundation Boys' School, obtained a degree in mathematics and subsequently a PhD in aeronautical engineering from Queen Mary ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1964 United Kingdom General Election
The 1964 United Kingdom general election was held on 15 October 1964, five years after the previous election, and thirteen years after the Conservative Party, first led by Winston Churchill, had regained power. It resulted in the Conservatives, led by the incumbent Prime Minister Alec Douglas-Home, narrowly losing to the Labour Party, led by Harold Wilson; Labour secured a parliamentary majority of four seats and ended its thirteen years in opposition. Wilson became (at the time) the youngest Prime Minister since Lord Rosebery in 1894. To date, this is also the most narrow majority obtained in the House of Commons with just 1 seat clearing labour for Majority Government. Background Both major parties had changed leadership in 1963. Following the sudden death of Hugh Gaitskell early in the year, Labour had chosen Harold Wilson (at the time, thought of as being on the party's centre-left), while Alec Douglas-Home (at the time the Earl of Home) had taken over as Conservat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oslo
Oslo ( , , or ; sma, Oslove) is the capital and most populous city of Norway. It constitutes both a county and a municipality. The municipality of Oslo had a population of in 2022, while the city's greater urban area had a population of in 2019, and the metropolitan area had an estimated population of in 2021. During the Viking Age the area was part of Viken. Oslo was founded as a city at the end of the Viking Age in 1040 under the name Ánslo, and established as a ''kaupstad'' or trading place in 1048 by Harald Hardrada. The city was elevated to a bishopric in 1070 and a capital under Haakon V of Norway around 1300. Personal unions with Denmark from 1397 to 1523 and again from 1536 to 1814 reduced its influence. After being destroyed by a fire in 1624, during the reign of King Christian IV, a new city was built closer to Akershus Fortress and named Christiania in honour of the king. It became a municipality ('' formannskapsdistrikt'') on 1 January 1838. The city fu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electronic Road Pricing (Singapore)
The Electronic Road Pricing (ERP) system is an electronic toll collection scheme adopted in Singapore to manage traffic by way of road pricing, and as a usage-based taxation mechanism to complement the purchase-based Certificate of Entitlement system. The ERP was implemented by the Land Transport Authority on April 1, 1998 to replace the preceding Singapore Area Licensing Scheme (ALS) that was first introduced on 11 August 1974 after successfully stress-testing the system with vehicles running at high speed. The system uses open road tolling; vehicles do not stop or slow down to pay tolls.Electronic Road Pricing Land Transport Authority (Singapore) Singapore was the first city in the world to implement an electronic road toll collection system for purposes of |
Adam Smith Institute
The Adam Smith Institute (ASI) is a neoliberal UK-based think tank and lobbying group, named after Adam Smith, a Scottish moral philosopher and classical economist. The libertarian label was officially changed to neoliberal on 10 October 2016. The Institute advocates free market and classical liberal ideas, primarily via the formation of policy options with regard to public choice theory, which political decision makers seek to develop upon. ASI President Madsen Pirie has sought to describe the activity of the organisation as " propose things which people regard as being on the edge of lunacy. The next thing you know, they're on the edge of policy". The ASI formed the primary intellectual force behind privatisation of state-owned industries during the premiership of Margaret Thatcher, and alongside the Centre for Policy Studies and Institute of Economic Affairs advanced a neoliberal approach toward public policy on privatisation, taxation, education and healthcare. A numbe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maurice Allais
Maurice Félix Charles Allais (31 May 19119 October 2010) was a French physicist and economist, the 1988 winner of the Nobel Memorial Prize in Economic Sciences "for his pioneering contributions to the theory of markets and efficient utilization of resources", along with John Hicks (Value and Capital, 1939) and Paul Samuelson (The Foundations of Economic Analysis, 1947), to neoclassical synthesis. They formalize the self-regulation of markets, that Keynes refuted, while reiterating some of his ideas. Born in Paris, France, Allais attended the Lycée Lakanal, graduated from the École Polytechnique in Paris and studied at the École nationale supérieure des mines de Paris. His academic and other posts have included being Professor of Economics at the École Nationale Supérieure des Mines de Paris (since 1944) and Director of its Economic Analysis Centre (since 1946). In 1949, he received the title of doctor-engineer from the University of Paris, Faculty of Science. He also held t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vice ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Professor Sir Colin Buchanan
Sir Colin Douglas Buchanan CBE (22 August 1907 – 6 December 2001) was a Scottish town planner. He became Britain's most famous transport planner following the publication of ''Traffic in Towns'' in 1963, which presented a comprehensive view of the issues surrounding the growth of personal car ownership and urban traffic in the UK. Life Buchanan was born in 1907 in Simla, India, a descendant of a long line of Scottish civil engineers. He was educated at Berkhamsted School in Hertfordshire, before studying engineering at Imperial College, London. His first work was on bridges and roads for the Public Works Department in Sudan. Returning to the UK he then worked on regional planning studies, joined the Town Planning Institute, and in 1935 joined the Ministry of Transport where he worked on trunk road schemes and road safety. After serving in the Royal Engineers during World War II and attaining the rank of Lieutenant-Colonel, he left to join the new Ministry of Town and Countr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University College London (UCL)
, mottoeng = Let all come who by merit deserve the most reward , established = , type = Public research university , endowment = £143 million (2020) , budget = £1.544 billion (2019/20) , chancellor = Anne, Princess Royal(as Chancellor of the University of London) , provost = Michael Spence , head_label = Chair of the council , head = Victor L. L. Chu , free_label = Visitor , free = Sir Geoffrey Vos , academic_staff = 9,100 (2020/21) , administrative_staff = 5,855 (2020/21) , students = () , undergrad = () , postgrad = () , coordinates = , campus = Urban , city = London, England , affiliations = , colours = Purple and blue celeste , nickname ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Breathalyzer
A breathalyzer or breathalyser (a portmanteau of ''breath'' and ''analyzer/analyser'') is a device for estimating blood alcohol content (BAC), or to detect viruses or diseases from a breath sample. The name is a genericized trademark of the Breathalyzer brand name of instruments developed by inventor Robert Frank Borkenstein in the 1950s. Origins A 1927 paper produced by Emil Bogen, who collected air in a football bladder and then tested this air for traces of alcohol, discovered that the alcohol content of 2 litres of expired air was a little greater than that of 1 cc of urine. However, research into the possibilities of using breath to test for alcohol in a person's body dates as far back as 1874, when Francis E. Anstie made the observation that small amounts of alcohol were excreted in breath. Also, in 1927 a Chicago chemist, William Duncan McNally, invented a breathalyzer in which the breath moving through chemicals in water would change color. One use for his ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Speed Limit
Speed limits on road traffic, as used in most countries, set the legal maximum speed at which vehicles may travel on a given stretch of road. Speed limits are generally indicated on a traffic sign reflecting the maximum permitted speed - expressed as kilometres per hour (km/h) and/or miles per hour (mph). Speed limits are commonly set by the legislative bodies of national or provincial governments and enforced by national or regional police and judicial authorities. Speed limits may also be variable, or in some places nonexistent, such as on most of the Autobahnen in Germany. The first numeric speed limit for automobiles was the limit introduced in the United Kingdom in 1861. the highest posted speed limit in the world is , applied on two motorways in the UAE. Speed limits and safety distance are poorly enforced in the UAE, specifically on the Abu Dhabi to Dubai motorway - which results in dangerous traffic, according to a French-government travel-advisory. Additionally, "dr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Secretary Of State For Transport
The Secretary of State for Transport, also referred to as the transport secretary, is a secretary of state in the Government of the United Kingdom, with overall responsibility for the policies of the Department for Transport. The incumbent is a member of the Cabinet of the United Kingdom. The office holder works alongside the other transport ministers. The corresponding shadow minister is the shadow secretary of state for transport, and the secretary of state is also scrutinised by the Transport Select Committee. History The Ministry of Transport absorbed the Ministry of Shipping and was renamed the Ministry of War Transport in 1941, but resumed its previous name at the end of the war. The Ministry of Civil Aviation was created by Winston Churchill in 1944 to look at peaceful ways of using aircraft and to find something for the aircraft factories to do after the war. The new Conservative government in 1951 appointed the same minister to both Transport and Civil Aviati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
